The tax practice at Khalid Anwer & Co. ‘stands out due to its unique blend of expertise, innovation, and a client-focused approach’. Under the first-class leadership of Raashid Anwer and Jawad Qureshi, the team remains at the forefront of tax litigation. It has forged a strong relationship with many major industrial and financial services conglomerates in Pakistan. The department is often called upon to handle some of the most high-profile cases in the country spanning infrastructure cess cases, and capital value tax cases. It frequently advises on cases relating to welfare funds and workers' profit participation cases. The group has been busy advising on numerous other complex matters relating to tax on deemed income, the imposition of super tax, and gas infrastructure development cess cases. Another recent highlight for the firm was the promotion of Syed Muhammad Ali Mehdi to the partnership in January 2024.
Tax in Pakistan
Khalid Anwer & Co.
Praxisleiter:
Raashid Anwer; Jawad Qureshi
Weitere Kernanwälte:
Syed Muhammad Ali Mehdi; Habib Kazi; Muhammad Adil Saeed; Yousuf Khalid Anwer
Referenzen
‘Mr. Raashid Anwer is extraordinary. Under his guidance, the Firm has cultivated a phenomenal cohort of corporate and litigation lawyers. Mr Jawad Qureshi, Mr Ali Mehdi, Mr Habib Kazi, and Mr Adil Saeed are leading lawyers that every company would be privileged to be represented by.’
‘The practice stands out due to its unique blend of expertise, innovation, and a client-focused approach.’
‘The individuals at Khalid Anwer & Co.’s tax practice are distinguished by their expertise, dedication, and personalized service.’
Kernmandanten
Pakistan Telecommunication Employees Trust.
Pepsi Cola International.
Gul Ahmed Textile Mills Ltd.
Procter & Gamble Pakistan (Pvt.) Ltd.
Fatima Fertilizer Company Ltd
Indus Motor Company Limited
Sapphire Textile Mills
Gillette Pakistan Limited
Teradata Pakistan
Teradata Ireland
Pakistan Telecom Mobile Limited
Telenor Pakistan (Pvt.) Ltd.
EFU Life Assurance Limited
Jubilee Life Insurance Co. Ltd.
State Life Insurance Corporation of Pakistan
TPL Insurance Limited
Habib Insurance Company Limited
Pak-Qatar Family Takaful Limited
Adamjee Insurance Co. Ltd.
IGI Life Insurance Limited
Highlight-Mandate
- Currently representing FrieslandCampina Engro Pakistan Limited in a petition before the High Court of Sindh where a ruling of the Classification Committee has been challenged.
- Engaged by more than 200 high-net-worth individuals to challenge the Capital Value Tax imposed by the Federal Legislature on the total foreign assets owned by an individual.
- Successfully acted for more than 100 high-net-worth individuals and companies in a large tax case dealing with the rates of Super Tax imposed on high-earning people.
RIAA BARKER GILLETTE
Mayhar Mustafa Kazi leads an excellent team at RIAA BARKER GILLETTE, which frequently advises on an array of cross-border commercial arrangements. With a focus on supporting clients in greenfield and brownfield investments in the country, the group regularly assists clients in navigating the tax landscape in Pakistan. In addition, the practice often handles disputes before the High Court and the Supreme Court, as well as at other tribunals. Yousaf Khosa is another key member of the department.
Praxisleiter:
Mayhar Mustafa Kazi
Weitere Kernanwälte:
Yousaf Khosa
Referenzen
‘Highly professional and talented team.’
‘Hardworking and dedicated individuals.’
‘Competent, truly professional, friendly, very easy to communicate.’
Kernmandanten
Karachi International Container Terminal
Chevron Pakistan Lubricants (Private) Limited
Mira Power Limited
Millat Tractors Limited
Millat Industrial Products Ltd.
Attock Cement Pakistan Limited
B.L. Harbert International (Private) Limited
Pakistan Yarn Merchants Association
All Pakistan Paper Merchants Association
Highlight-Mandate
- Acting for Chevron Pakistan Lubricants (Private) Limited in a case relating to its use of transporters for inter-city product transport.
- Acted for Karachi International Container Terminal Limited in a case regarding duty and tax concessions on imported goods.
- Acted for Attock Cement Pakistan Limited in the filing of a petition relating to numerous audit notices.
Yousaf Amanat & Associates
Yousaf Amanat and Noman Zahid co-head the department at Yousaf Amanat & Associates, which represents local and international clients before tribunals and courts on a range of contentious tax matters. It frequently advises on issues relating to holding and income tax, as well as sales tax, customs tariffs and SECP filings. In addition, the group helps clients with tax planning matters. Recently, it has been increasingly advising international Chinese companies on a variety of tax matters.
Praxisleiter:
Yousaf Amanat; Noman Zahid
Referenzen
‘Its strength lies in a highly diverse team and a proactive approach to integrating new technologies into its workflow. Its innovative approach to collaboration reflects a forward-thinking mindset, which sets it apart in the industry.’
‘Yousaf Amanat and Associates stands out due to its exceptional expertise in complex litigation and its client-centric approach. Yousaf Amanat himself is renowned for his strategic thinking and deep legal acumen, which sets him apart from competitors.’
‘His ability to navigate intricate legal challenges and his commitment to client satisfaction are highly valued qualities.’
Kernmandanten
Aveint Corporation
BASF Germany
Aramco
Weatherford Oil and Gas
Food Panda
China Ghezouba Corporation
China Three Gorges
Easop
GIZ
Ripah International University
Highlight-Mandate
- Engaged by Weatherford Oil and Gas to advise on matters pertaining to income tax, employee tax issues and sales tax matters.
- Advising BASF Germany on tax filings and company secretarial work.
- Advising Avient Corporation on matters pertaining to employee taxation.
Tola Associates
The team at Tola Associates fields a mix of lawyers and chartered accountants and advises on a broad spread of local tax and international tax matters. Under the joint leadership of Muhammad Amayed Ashfaq Tola and Muhammad Asad Ashfaq Tola, the department frequently represents clients on numerous contentious issues. In particular, the group regularly advises on challenges to the legality of legislation in the High Courts of Pakistan.
Praxisleiter:
Muhammad Amayed Ashfaq Tola; Muhammad Asad Ashfaq Tola
Weitere Kernanwälte:
Rahool Roy
Referenzen
‘Responsiveness and they command high respect with the regulators and often regulators ask them for advice.’
‘Tola Associates’ Tax practice is distinguished by its comprehensive expertise and innovative approach. What sets this practice apart is its deep understanding of complex tax regulations and its ability to navigate intricate tax issues efficiently.’
‘The team excels in providing strategic tax planning, compliance, and dispute resolution, which is crucial for optimizing tax strategies and managing risk.’
Kernmandanten
Din Textile Mills Limited
Din Energy Limited
Fecto Cement Limited
Arif Habib Corporation Limited
Arif Habib Equity (Private) Limited
Siddiqsons Limited
Siddiqsons Tin Plate (Private) Limited
K-Electric Limited
Superior Security Guards (Private) Limited
Highlight-Mandate
- Successfully appeared on behalf of Galadari Cement Gulf Limited before the Hon’ble Appellate Tribunal Inland Revenue in a case.
- Appeared before the Hon’ble High Court of Islamabad for several clients to challenge the constitutional vires of Section 4C of the Income Tax Ordinance, 2001 (also known as the ‘super tax’).
- Appeared before the Hon’ble Appellate Tribunal for Bantwa Memon Jamat against an order which had been passed by the Commissioner Inland Revenue Appeals.